Redevelopment Capital Program (RCP)
We are responsible for implementing the Redevelopment Capital Program (RCP). The RCP is open to all municipalities in Broward County for redevelopment activities/projects within or outside of existing Community Redevelopment Agency (CRA) boundaries.
Applicants for funding through the RCP may be a municipality, a CRA, or the County. Applications for funding consideration of redevelopment projects may be submitted at any time and are evaluated for eligibility as they are received. Application Guides are available to explain the RCP and assist applicants in completing an application for either a loan or a grant. The County will examine the proposed redevelopment project or activity to determine the extent to which it achieves the County's funding criteria. PRD staff is available to meet with applicants prior to completing an application or expending resources in anticipation of County funding and assist applicants throughout the process.
The Broward County Board of County Commissioners allocated $41.7 million to the RCP from FY 2004 to FY 2007. This new non-ad valorem capital is in addition to the $15 million (and rising) in annual County tax increment payments (ad valorem-based) to the existing municipal CRAs.
For further information please call 954-357-4904.